IBEX (NASDAQ:IBEX) Issues FY 2021 Earnings Guidance

IBEX (NASDAQ:IBEX) updated its FY 2021 earnings guidance on Tuesday. The company provided EPS guidance of – for the period. The company issued revenue guidance of $445 million-$448 million, compared to the consensus revenue estimate of $446.46 million.

Shares of IBEX stock traded down $0.79 during midday trading on Tuesday, reaching $22.29. 1,405 shares of the company’s stock traded hands, compared to its average volume of 27,301. The company has a market cap of $409.87 million and a PE ratio of 27.48. The stock has a 50 day moving average of $22.88 and a 200-day moving average of $20.46. IBEX has a 12 month low of $9.27 and a 12 month high of $25.50.

IBEX (NASDAQ:IBEX) last announced its earnings results on Thursday, February 18th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. The business had revenue of $117.18 million for the quarter, compared to the consensus estimate of $115.31 million. Research analysts anticipate that IBEX will post 1.04 EPS for the current year.

Separately, Zacks Investment Research cut IBEX from a buy rating to a hold rating in a research note on Wednesday, April 21st. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of $21.88.

About IBEX

IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company provides ibex Connect, a customer engagement solution comprises customer service, technical support, and other value-added outsourced back office services through voice, email, chat, SMS, social media and other communication applications; ibex Digital, a customer acquisition solution that offers search, social, and display advertising capabilities; and ibex CX, a customer experience solution, which provides a comprehensive suite of proprietary software tools to measure, monitor and manage its clients' customer experience.

Further Reading: Depreciation

Earnings History and Estimates for IBEX (NASDAQ:IBEX)

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